Singapore

Singapore’s Lendela names Kent Huang, Steven Wong as CFO and CTO to scale APAC expansion

Lendela, a Singapore-based loan matching platform, has on Monday announced the appointment of Kent Huang as Chief Financial Officer (CFO) and Steven Wong as Chief Technology Officer (CTO) to scale its Asia Pacific (APAC) expansion.

Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive Solutions

Aura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a business with capabilities in digital rewards and incentives in the Philippines.

Singapore’s Finmo secures $18.5M in Series A funding round co-led by Quona Capital, PayPal Ventures

Finmo, the Singapore-based treasury operating system (TOS), has on Thursday announced its successful oversubscribed $18.5 million Series A funding round, bringing its total funding to $27 million.

Singapore’s Trident signs preliminary collaboration agreement with Congo government for implementation of National Digital Identity System

This preliminary collaboration agreement signifies the operational launch of a comprehensive digital identification and authentication platform in the DRC. It formalizes the initial collaboration between Trident and the Democratic Republic of the Congo, transitioning from strategic planning to contractual execution.

Quest Ventures expects upticks of M&As, IPOs in 2025 [Q&A]

We talked to James Tan, Managing Partner at Quest Ventures, to learn more about the firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.

Ant International opens first Middle East office in Saudi Arabia

With the new office launch, Ant International will work more closely with local partners in the payment ecosystem to provide innovative payment solutions and inclusive financial services to local acquirers and merchants, especially SMEs doing business in KSA to empower their sustainable growth.

Amazon unveils new Singapore office as AWS Asia Pacific Hub

American multinational technology company Amazon has continued to expand its presence in Singapore with a new corporate office at IOI Central Boulevard.

MAS and ABS to establish new payments entity to position national payment schemes for next stage of growth

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced that a new entity will be set up to consolidate the administration and governance of Singapore’s national payment schemes to position these schemes for the next stage of growth.

Atome Financial grows credit facility to $80M with BlackRock Private Credit, InnoVen Capital funding

Atome Financial, a Singapore-based digital financial technology platform and part of Advance Intelligence Group, has secured funding from BlackRock Private Credit, InnoVen Capital, growing its credit facility to $80 million.

StraitsX partners with RedotPay and Visa to advance digital asset payments

StraitsX, a Singapore-based digital asset infrastructure provider, has partnered with Hong Kong-based cryptocurrency payment firm RedotPay and global payment firm Visa to advance digital asset payments.